June 1, 2022
The Netherlands announces 30% facility cap
On May 20, the Netherlands published its ‘Spring Memorandum’ with budget adjustments for the current year and a preview for future years. Among many other measures, it was announced that the 30% facility will in future only apply up to a maximum salary (currently no cap applies). Transitional rules will be available for a limited period. This facility provides special tax benefits to employees with specific expertise who are recruited from abroad and is available for a maximum period of five years subject to certain conditions.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
Full text of Tax Alert